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  1. M

    Toyota chief fears GM, Ford demise

    Anyone who actually thinks that we live in a purely capitalistic society needs to buy a flash light from Walmart to look around what's up inside his ass, because that's where his head is stuck, might as well find out whats around him. As far as GM goes, Kerkorian will probably gut it and...
  2. M

    Trouble with Setting Goals

    Anyone know if NYSE has recent updates for 2004/2005? These seminars are pretty informative.
  3. M

    Is Wal-Mart the main reason why we're not seeing major inflation in this country?

    Walmart is opening stores in China full force. In 10 years, Walmart will be a Chinese company ( ie all manufacturing and majority of its profits derived from China ) that just happens to have American management. I would'nt be too surprised if they moved their HQ to China after 10 years...
  4. M

    money how much

    1k?! :confused: Better off getting a job, save money, work on a trading system and start of with at least 25K when you have a system thats realiably profitable. offcourse you won't do it, but thought I'd suggest it and save you $1K
  5. M

    Control Yourself... Control Your Trade

    Why not just go to the source of it all http://www.amazon.com/exec/obidos/tg/detail/-/0312149786/qid=1118289011/sr=8-1/ref=sr_8_xs_ap_i1_xgl14/102-9606076-3469717?v=glance&s=books&n=507846
  6. M

    Absolute safest place to keep money

    Diamonds are highly over rated as a means to store wealth. Try re-selling a diamond ring and see how much you get back. The rate of depreciation is worse than a GM automobile.
  7. M

    What do prop shops offices look like?

    probably if the trade does'nt go your way in 21 minutes get the hell out fast. I use 15 min bar for that.
  8. M

    What do prop shops offices look like?

    sweet. When are they liquidating these http://www.palmbeachpost.com/news/content/news/photos/kloffice/pages/099.html
  9. M

    Medical & Dental Insurance

    Haha, I like this part. When morbidly obese lard-asses resort to liposuction, diet pills and stomach stapleing and after all that still continue to slober down 10lb slabs of meat instead of getting the f* outside and running, you know where some of the problem lies.
  10. M

    Medical & Dental Insurance

    We definitely need some major tort reform. Not only in the medical field, but elsewhere. When a incompetent half-wit gets paid 10's of millions for spilling hot coffee on her lap, you know there's a major problem. Also, as mentioned, a lot of the medical costs is due to the massive amount...
  11. M

    Where is Value? A historical view

    Preserve wealth? you can do that with tax free munis or treasury notes. Not only do you preserve the wealth, you get paid to preserve it at close to Zero beta. There is a certain logical dissonance to "invest" in volatile hedge funds trying to "smooth" out ones portfolio. Ah well, I'm still...
  12. M

    Where is Value? A historical view

    The only reason I know of for anyone to "invest" in a hedge fund is to increase their networth. Are there other reasons?
  13. M

    Where is Value? A historical view

    funny that most "hedge funds" can't even beat the indicies.
  14. M

    Suffering in Canada

    You can try Ameritrade Canada Etrade Canada IB canada Not sure about Cybertrader, but last I heard they were working on opening canadian brokerage. Also there are some prop firms in Canada, use the search function on top right. Quite a few choices you have there.
  15. M

    Absolute safest place to keep money

    Buy Krugerrands and stuff them in a safe under your bed? :confused: I never could fathom why there is such a need to "preserve wealth" in case the world comes to an end. If the world should come to an end, a can of chick peas might very well be worth more than all the krugerrands in the...
  16. M

    Books on Trading

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=48916
  17. M

    Challenge to Dan Zanger's results

    The fact that he was an average joe and made $40 Million using a retail setup is all the more impressive. He himself says he was the right guy at the right place at the right time. It pretty much proves you don't have to be some financial high priest to make $ in this biz.
  18. M

    Darvas and shorting

    Whatever happened to Darvas? Anyone know or have links to an update as to his current situation.
  19. M

    JP Morgan prop desk - worst results in recent memory

    I suspect a lot of it is front running and market making. Pretty much riskless gravy.
  20. M

    Attention: To Interactive Brokers, et. al.

    most small businesses fail *because* of the govt. Try paying self employment tax, payroll tax, inventory tax, just for beginners. Once done paying taxes, you're left with nothing but the clothes on your back. Most successful small business owners I know are in cash businesses and don't report...
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